highhand
00:42
it's always an over reaction. how can the whole sector suddenly be killed by AI. then who's winning. now all tech stocks down. it's just manipulation for us to sell our shares. hold tight and watch netflix
Market Crash! $830B Wiped Out: Would Panic Selling Last?
The S&P 500 Software & Services Index has fallen for six straight sessions, erasing roughly $830B in market value since Jan 28 and sliding 26% from its October peak. After Anthropic unveiled new automation tools aimed at legal workflows, U.S. software stocks suffered their worst selloff since April. A Goldman-tracked software index plunged 6%, while the Nasdaq 100 slid 1.6%, wiping out roughly $285B in market value across software, fintech, and asset managers. Will software continue to dip? Buy-the-dip opportunity or not? How do you view the panic selling?
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